BlockBeats News, January 30th, the three major US stock indices closed mixed, with the Nasdaq down 0.72%, the S&P 500 down 0.13%, and the Dow up 0.11%. Technology stocks showed divergence, with Meta rising 10%, while Microsoft, Tesla, and others declined. The gold and Bitcoin markets experienced intense volatility, with spot gold plunging 5.7% to $5105 before rebounding to $5370, and Bitcoin dropping over 2.9%, touching $81,000.
Meanwhile, the US stock ETF market also saw significant fluctuations, with the 2x short gold mining ETF rising nearly 8%, and the 2x short MSTR ETF increasing close to 20%. Rare earth concept stocks declined across the board, and related ETFs suffered heavy losses. Market risk aversion sentiment increased, putting pressure on gold and Bitcoin.
BiyaPay analysts stated that BiyaPay offers investors more trading options, supporting USDT trading of US stocks, Hong Kong stocks, and futures, helping users respond flexibly to market fluctuations. At the same time, BiyaPay also provides zero-fee digital currency spot contract trading, bringing more competitive cost advantages to investors. In the context of increasing global market uncertainty, BiyaPay’s innovative services will help investors achieve more effective asset allocation and risk management.
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